The Federal Reserve increased its benchmark interest rate by a significant three-quarters of a point for the third time in a row on Wednesday in an effort to combat excessive inflation. This
The Federal Reserve increased its benchmark interest rate by a significant three-quarters of a point for the third time in a row on Wednesday in an effort to combat excessive inflation. This
MoreUS Federal Reserve Chairman Jerome Powell’s statements signaled that the central bank will continue its tightening cycle despite recession concerns. WHAT HAPPENED? While electricity prices in Germany, France and the UK continued
MoreUS Federal Reserve (Fed) Chairman Jerome Powell stated that the US economy is strong and that the bank can protect the economy from entering a recession. The European Central Bank (ECB) organized
MoreFed Chairman Jerome Powell stated that the Fed is seriously focused on bringing inflation down to 2 percent. Fed Chairman Jerome Powell continues his messages on the fight against inflation. Powell spoke
MoreUS Federal Reserve President Jerome Powell stated that the path to the economy is “extraordinarily” ambiguous and largely dependent on success in controlling the virus. “The recovery is not possible until people
More